$855,000
2
Beds
2/1
Baths
1,342
Living Area
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Property Description
Welcome to 114 Derby Street Unit 2, a beautifully renovated 2-bed, 2.5-bath condo in one of Salem’s most desirable waterfront neighborhoods. Located in a restored Federal-style mansion, this home offers stylish single-level living with a perfect mix of modern finishes and historic charm. The open-concept layout features a sleek kitchen with quartz countertops and stainless appliances, flowing into a comfortable living and dining space with a cozy gas fireplace. Central A/C ensures year-round comfort. The spacious primary suite includes a walk-in closet and a well-appointed en suite bath. A second bedroom, full guest bath, and half bath offer great flexibility. Front and rear private entrances add convenience, and there's just enough outdoor space for a grill or bistro table. A spacious unfinished basement offers excellent storage and future living space. Enjoy vibrant, historic Salem in your own backyard—Showings begin at the open house. See offer instructions.
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Highlights
- Building Name: 114 Derby St Condominium
- Heating: Forced Air, Natural Gas
- Parking Spots: 1
- Property Type: Condominium
- Total Rooms: 5
- Year Built: 1950
- Cooling: Central Air
- HOA Fee: $331
- Property Class: Residential
- Stories: 2
- Unit Number: 2
- Status: Closed
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Additional Details
- Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
- Construction: Brick
- Exterior Features: Deck
- Flooring: Tile, Hardwood
- SqFt Source: Public Record
- Year Built Details: Actual
- Year Converted: 2016
- Basement: Y
- Exclusions: Chandelier Over Dinning Table
- Fireplaces: 1
- Pets Allowed: Yes
- Total Number of Units: 6
- Year Built Source: Public Records
- Zoning: R2
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Amenities
- Community Features: Public Transportation, Shopping
- Waterfront Features: 0 to 1/10 Mile To Beach, Beach Ownership(Public)
- Parking Features: Off Street, Deeded
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $753,600
- HOA Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Snow Removal, Reserve Funds
- Taxes: $8,546
- HOA Fee Frequency: Monthly
- Tax Year: 2025
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Keller Williams Realty Evolution.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.